SYFX

Gold continues march towards $1,800, capitalises on weaker dollar and softer yields

April 19, 2021 at 09:32AM

Gold is up 0.5% to $1,785 levels now
Looking at the chart, gold is playing out as it should be on the break above resistance at $1,755 and since then, there isn’t much turning back as price continues to look towards $1,800 and the 100-day moving average (red line) – now seen @ ~$1,804.

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